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parties. from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doub
, representing the republican party. harry reid, representing the democrats, had hoped to have a bill on the table for their caucuses to look at in about 60 minutes from now and the word here is that there has been a major setback. one anonymous source is saying that we are now further back than we were 24 hours ago with these gorks and i'm hearing it is that the republicans have introduced the idea of bringing some changes to sporblee security. that would be the short-term benefit that people are entitled to for a very short time when they have been out of work for six months or more. we knew they were struggling anyway to resolve the key issues, like, for example, how many wealthy families will pay more under president obama's plan? there are inheritance tax issues and the unemployment benefits being kept up. president obama particularly wanted that to go into this bill so that anybody who needed unemployment checks would get them. according to this latest source, even that is up in the air. it's 2:00 in the afternoon and if they're going to get this done, they'd have had to have ha
Search Results 0 to 1 of about 2